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RV E

For insnecliate release

r^erch 1, 1978

The Poairc5 of Governors of the Perler?! Reserve System today
announcer* its approval of the application of Texas Commerce Bancshsres,
Inc., Houston, Texas, to acquire First National B?.nk of r-'cAllen, MeAllen,
Texas.
Attached is the Board's Orcse.r relating to this action, together with
the Dissenting Statement of Governor T^allich.

J

Attachment